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Traverse City, MI Motels for Sale

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Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Interlochen, MI Maple City, MI Lake Ann, MI
Four-Season Resort With River Frontage
Updated: Sep 15, 2025
Four-Season Resort With River Frontage

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000
10,404 sqft 40.00 AC lot
40‑acre resort in the Boardman Valley along the Boardman River with 1,300 ft of private river frontage
15 motel units plus a private house
Full‑service restaurant with seating for 147 guests and liquor license
Event and group spaces include a 55‑person meeting room and a pavilion/game room for 113 people
25 campsites with restroom/shower buildings and a canoe, kayak, and inner‑tube livery
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Grand Traverse Motel For Sale
Updated: Mar 5
Grand Traverse Motel For Sale

1010 E Front Street, Traverse City, MI 49686

$2,300,000
8,062 sqft 0.49 AC lot
Prime location less than one mile from downtown Traverse City.
High visibility corner lot with 131 feet of frontage on Munson Avenue.
Renovated in 2018.
Features 18 total rooms including a dedicated manager's suite.
Close proximity to public beach access.
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Resort with Furnished Rental Units
Resort with Furnished Rental Units

Traverse City, MI 49696

$3,800,000
36.00 AC lot

Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Motel and Cottage Hospitality Property
Motel and Cottage Hospitality Property

4871 US Highway 31 N, Central Lake, MI 49622

$1,850,000
5,654 sqft 2.76 AC lot

Updated motel rooms and six standalone cottages with on-site manager space, garage/workshop, and ample guest parking.

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Motels with Nine Guest Rooms
Motels with Nine Guest Rooms

519 Lake Street, Frankfort, MI 49635

$990,000
4,033 sqft 0.97 AC lot

Family-run motel with nine guest rooms and an attached home that includes a studio apartment above.

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Family-Run Motel with Residence
Family-Run Motel with Residence

Frankfort, MI 49635

$990,000

Turnkey motel with nine guest rooms plus owner residence and studio apartment, set on landscaped grounds with picnic area.

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Hotel and Cottage Property
Hotel and Cottage Property

Central Lake, MI 49622

$1,850,000

Updated in 2016 with six new standalone cottages and refreshed motel rooms, plus an on-site 2-bedroom living area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Buildable Land
Waterfront Buildable Land

6785 Fouch Road, Traverse City, MI 49684

$250,000
2.69 AC lot

Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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Commercially Zoned Corner Land
Commercially Zoned Corner Land

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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High-Visibility Highway Commercial Land
High-Visibility Highway Commercial Land

Blue Star Highway lot: 2, Fennville, MI 49408

$300,000
2.75 AC lot

Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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Prime Corner Commercial Land Available
Prime Corner Commercial Land Available

7125 N LILLEY Road, Canton Twp, MI 48187

$550,000
0.60 AC lot

0.60-acre vacant lot on a hard corner in Canton.

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Off-Market Properties in Traverse City, MI

Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1465 Us Hwy 31st N
MOTEL

1465 Us Hwy 31st N, Traverse City, MI 49686-3636

Value Estimation by Request
5,312 sqft 0.68 AC lot
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1773 Us Hwy 31st N
MOTEL

1773 Us Hwy 31st N, Traverse City, MI 49686-3743

Value Estimation by Request
720 sqft 3.80 AC lot
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1566 Us Hwy 31st N
MOTEL

1566 Us Hwy 31st N, Traverse City, MI 49686-3740

Value Estimation by Request
2,266 sqft 1.31 AC lot
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1582 Us Hwy 31st N
MOTEL

1582 Us Hwy 31st N, Traverse City, MI 49686-3740

Value Estimation by Request
18,444 sqft 1.06 AC lot
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1614 Us Hwy 31st N
MOTEL

1614 Us Hwy 31st N, Traverse City, MI 49686-3742

Value Estimation by Request
22,428 sqft 1.12 AC lot
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2300 Us Hwy 31st N
MOTEL

2300 Us Hwy 31st N, Traverse City, MI 49686-3756

Value Estimation by Request
9,488 sqft 1.89 AC lot
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1489 Us Hwy 31st N
MOTEL

1489 Us Hwy 31st N, Traverse City, MI 49686-3636

Value Estimation by Request
16,221 sqft 1.61 AC lot
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4482 Spider Lk Rd
MOTEL

4482 Spider Lk Rd, Traverse City, MI 49696-9290

Value Estimation by Request
7,208 sqft 0.80 AC lot
View details
360 Munson Ave
MOTEL

360 Munson Ave, Traverse City, MI 49686-3064

Value Estimation by Request
9,855 sqft 0.81 AC lot
View details
894 Munson Ave
MOTEL

894 Munson Ave, Traverse City, MI 49686-3602

Value Estimation by Request
2,652 sqft 1.22 AC lot
View details
305 Munson Ave
MOTEL

305 Munson Ave, Traverse City, MI 49686-3069

Value Estimation by Request
19,530 sqft 1.45 AC lot
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305 Munson Ave
MOTEL

305 Munson Ave, Traverse City, MI 49686-3069

Value Estimation by Request
9,184 sqft 1.39 AC lot
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1065 M 37
MOTEL

1065 M 37, Traverse City, MI 49685-8508

Value Estimation by Request
17,698 sqft 1.32 AC lot
View details
539 Bay St
MOTEL

539 Bay St, Traverse City, MI 49684-2270

Value Estimation by Request
14,224 sqft 0.30 AC lot
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2035 Us Hwy 31st N28-16
MOTEL

2035 Us Hwy 31st N28-16, Traverse City, MI 49686-3749

Value Estimation by Request
1,032 sqft
View details
2035 Us Hwy 31st N5-44
MOTEL

2035 Us Hwy 31st N5-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,464 sqft
View details
2035 Us Hwy 31st N9-44
MOTEL

2035 Us Hwy 31st N9-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,420 sqft
View details
2035 Us Hwy 31st N23-17
MOTEL

2035 Us Hwy 31st N23-17, Traverse City, MI 49686-3749

Value Estimation by Request
1,464 sqft
View details
2035 Us Hwy 31st N26-17
MOTEL

2035 Us Hwy 31st N26-17, Traverse City, MI 49686-3749

Value Estimation by Request
1,060 sqft
View details
2035 Us Hwy 31st N26-44
MOTEL

2035 Us Hwy 31st N26-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,060 sqft
View details
2035 Us Hwy 31st N20-16
MOTEL

2035 Us Hwy 31st N20-16, Traverse City, MI 49686-3749

Value Estimation by Request
544 sqft
View details

Traverse City, MI Motels Market Trends and Statistics

Explore 44 motels for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 18,466 square feet of properties for sale, with an estimated market value of $5,800,000.

Sale prices for motels in Traverse City, MI start at $2,300,000, averaging $2,900,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 7
Bed & breakfasts 3
Hotels 3
Motels 3
Campgrounds 2

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49686 $2.3M
49696 $3.7M

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

Office

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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